How Resources of Universities influence Industry Cooperation

In Korea, cooperation between university and company is mainly encouraged by government policy as the Triple Helix’s statist model. Since 2003, the government started a variety of university financial support program, and in 2014, it reached to the point that 31 ministries conducted 408 pr...

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Main Authors: Gyeong Min Nam, Dae Geon Kim, Sang Ok Choi
Format: Article
Language:English
Published: Elsevier 2019-02-01
Series:Journal of Open Innovation: Technology, Market and Complexity
Subjects:
Online Access:https://www.mdpi.com/2199-8531/5/1/9
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author Gyeong Min Nam
Dae Geon Kim
Sang Ok Choi
author_facet Gyeong Min Nam
Dae Geon Kim
Sang Ok Choi
author_sort Gyeong Min Nam
collection DOAJ
description In Korea, cooperation between university and company is mainly encouraged by government policy as the Triple Helix’s statist model. Since 2003, the government started a variety of university financial support program, and in 2014, it reached to the point that 31 ministries conducted 408 programs in total. Most projects focused on training human resources and supporting Research and development, which is considered as the core function of universities, but some of the projects are designed to support the industry⁻academia cooperation. For instance, the Ministry of Education ran ‘Leaders in University and Industry Cooperation (LINC)’ program. LINC is a follow-up project of Human Resources Development for the Leading Industries, Industry⁻Academia Cooperation-oriented University, and Focal Point Research program. Accordingly, it aimed to create university⁻industry cooperative models, and nurture talents based on regional economy’s demand. The program provided approximately $230M per year for over 50 universities across the country. It was one of the highly influential grant programs considering the fact that there are about 200 universities nationwide and an annual budget of university is $900 billion on average. In this context, this study is to assess the influence of resources of universities capacity on the achievement of university⁻industry cooperation and explore whether a government-initiated policy has a significant effect using data from government information disclosure system on education.
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spelling doaj.art-d58e762b650d4803bed758f7e76e78752023-10-02T06:48:53ZengElsevierJournal of Open Innovation: Technology, Market and Complexity2199-85312019-02-0151910.3390/joitmc5010009joitmc5010009How Resources of Universities influence Industry CooperationGyeong Min Nam0Dae Geon Kim1Sang Ok Choi2National Research Foundation of Korea, Daejeon 34113, KoreaDepartment of Architectural & Civil Engineering, Dong-seo University, Busan 47011, KoreaDepartment of Public Administration, Korea University, Seoul 02841, KoreaIn Korea, cooperation between university and company is mainly encouraged by government policy as the Triple Helix’s statist model. Since 2003, the government started a variety of university financial support program, and in 2014, it reached to the point that 31 ministries conducted 408 programs in total. Most projects focused on training human resources and supporting Research and development, which is considered as the core function of universities, but some of the projects are designed to support the industry⁻academia cooperation. For instance, the Ministry of Education ran ‘Leaders in University and Industry Cooperation (LINC)’ program. LINC is a follow-up project of Human Resources Development for the Leading Industries, Industry⁻Academia Cooperation-oriented University, and Focal Point Research program. Accordingly, it aimed to create university⁻industry cooperative models, and nurture talents based on regional economy’s demand. The program provided approximately $230M per year for over 50 universities across the country. It was one of the highly influential grant programs considering the fact that there are about 200 universities nationwide and an annual budget of university is $900 billion on average. In this context, this study is to assess the influence of resources of universities capacity on the achievement of university⁻industry cooperation and explore whether a government-initiated policy has a significant effect using data from government information disclosure system on education.https://www.mdpi.com/2199-8531/5/1/9university–industry cooperationtriple helixresource-dependentopen innovationLINC
spellingShingle Gyeong Min Nam
Dae Geon Kim
Sang Ok Choi
How Resources of Universities influence Industry Cooperation
Journal of Open Innovation: Technology, Market and Complexity
university–industry cooperation
triple helix
resource-dependent
open innovation
LINC
title How Resources of Universities influence Industry Cooperation
title_full How Resources of Universities influence Industry Cooperation
title_fullStr How Resources of Universities influence Industry Cooperation
title_full_unstemmed How Resources of Universities influence Industry Cooperation
title_short How Resources of Universities influence Industry Cooperation
title_sort how resources of universities influence industry cooperation
topic university–industry cooperation
triple helix
resource-dependent
open innovation
LINC
url https://www.mdpi.com/2199-8531/5/1/9
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